• Overview
  • Reviews (4)
  • Comments (209)
  • What's new

Harmonic Pattern Plus MT5

Introduction

Harmonic Patterns are best used to predict potential turning point. Hence, Harmonic Patterns are the sub patterns of turning point patterns. Traditionally, Harmonic Pattern was identified manually connecting extreme points in charts. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality of Harmonic Pattern plus is beyond manual pattern detection and textbook approach. Harmonic Pattern Plus provides many harmonic patterns we have tested in our research. In addition, you can use the three important trading elements including Pattern Completion Interval (PCI), Potential Reversal Zone (PRZ), and Potential Continuation Zone (PCZ) to improve accuracy of your trading. You will experience amazing performance using our Harmonic Pattern Plus for your trading.


Main Features

  • 11 Harmonic Patterns can be detected automatically
  • Potential Reversal Zone (PRZ) detection for Point D identification
  • Potential Continuation Zone (PCZ) detection for future price movement prediction
  • Pattern Completion Interval (PCI) detection for precision trading
  • Historical pattern forward and backward reply function to create new trading strategy
  • Pattern locking and unlocking feature to prevent repainting of patterns
  • 52 different bullish and bearish Candlestick pattern recognition feature
  • Support Email, Sound alerts or Push Notification


Recognizable and Tradable patterns

  • Butterfly
  • Gartley
  • Bat
  • Alternate Bat
  • AB=CD
  • Shark
  • Crab
  • Deep Crab
  • Cypher
  • 5-0 Patterns
  • 3 Drives Pattern
  • Automatic drawing of Linear regression channel
  • Candlestick patterns: detect 52 different bearish and bullish candlestick patterns. The candlestick patterns include hanging man, shooting star, engulfing, doji, harami, kicking, etc. Our Candlestick Pattern detection algorithm uses purely price action only.


Indicator Setting and Parameters

Default setting will work most of time. If you want to change how the indicator looks in your chart, you can certainly change them from input setting. All the input settings are self-explanatory. The simple description is given on left hand side columns and you need to change value on your right hand side columns.


Recommended Usage

You can also apply it to any currency pairs or future contracts tradable if your broker provides them in your MetaTrader terminal.

You can use several different trading setups including:


Further Reference

For the detailed guide in Harmonic Pattern trading, you can have a look at the Young’s Mutual Pattern Turning Point Strategy in the book:

  • Guide to Precision Harmonic Pattern Trading: Mastering Turning Point Strategy for Financial Trading (Reference to Harmonic Pattern Trading)
  • Scientific Guide To Price Action and Pattern Trading: Wisdom of Trend, Cycle, and Fractal Wave (Reference to Price Action and Pattern Trading).


Important Note

You are buying our products as it is. They are the off the shelf product. Therefore, we do not accept any modification or customization request. For our products, we do not provide any code library or any support for your coding. All Harmonic Pattern Indicator and Scanner are repainting. It does not matter which company's product or which price product you bought from. They will all repaint due to technological limitation. If you prefer non repainting Harmonic Pattern and Elliott Wave pattern indicator, then please use  X3 Chart Pattern Scanner. X3 Chart Pattern Scanner is only one non repainting and non lagging harmonic pattern indicator + fully synchronized with historical testing in the world.


Reviews 4
Moola Ravichandra
139
Moola Ravichandra 2020.11.09 12:02 
 

SUPER BUT NOT SHOWS 11 PATTERNS

z2525
702
z2525 2018.03.12 02:55 
 

Good Work, I bought the indicator, at first it was shocking to see how it scanned the patterns, but after some time with it I felt more confortable with the system, it's really easy to manage your risk with the PCI box, and I was surprised to see patterns reversing even if they were differente from the standart harmonic ratios, I believe the team have done a good computerized research and backtest and are bringing it to the next level with new technology..!

Arfur Lager
1025
Arfur Lager 2014.06.21 14:31 
 

Excellent work! The new version enables back stepping through previous patterns which shows just how often, and to which fib level the price retraces when one of the patterns appears.

Recommended products
X3 Chart Pattern Scanner MT5
X3 Chart Pattern Scanner MT5
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
Matreshka
Matreshka
Dimitr Trifonov
Matreshka self-testing and self-optimizing indicator: 1. Is an interpretation of the Elliott Wave Analysis Theory. 2. Based on the principle of the indicator type ZigZag, and the waves are based on the principle of interpretation of the theory of DeMark. 3. Filters waves in length and height. 4. Draws up to six levels of ZigZag at the same time, tracking waves of different orders. 5. Marks Pulsed and Recoil Waves. 6. Draws arrows to open positions 7. Draws three channels. 8. Notes support and re
245 USD
Gartley Projections D
Gartley Projections D
Oleksandr Medviediev
The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
200 USD
Double Harmonic Volatility Indicator MT5
Double Harmonic Volatility Indicator MT5
Young Ho Seo
Use of the Fibonacci analysis for financial trading can nearly go back to 85 years from today since the birth of Elliott Wave Theory by R. N. Elliott. Until now, traders use the Fibonacci analysis to identify the patterns in the price series. Yet, we could not find any one attempted to use Fibonacci analysis for the Volatility. Harmonic Volatility Indicator was the first technical analysis applying the Fibonacci analysis to the financial Volatility. Originally, Harmonic Volatility Indicator was
60 USD
Elliott Wave Trend MT5
Elliott Wave Trend MT5
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
PZ 123 Pattern MT5
PZ 123 Pattern MT5
Arturo Lopez Perez
The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Customizable c
69 USD
PZ Wedges MT5
PZ Wedges MT5
Arturo Lopez Perez
This indicator finds wedges , which are continuation patterns identified by converging trendlines surrounding a price consolidation period. It signals trades using a donchian breakout alongside the formation breakout. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use Customizable colors and sizes It implements breakout signals It implements alerts of all kinds Optimal Usage To see wedges of all sizes, which can overlap, load the indicator several times on
49 USD
Excessive Momentum Indicator MT5
Excessive Momentum Indicator MT5
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
200 USD
All Harmonics 26 demo
All Harmonics 26 demo
Alexey Isavnin
This is the demo version of "All Harmonics 26" indicator . "All Harmonics 26" searches for 26 types of harmonic patterns and outputs them in a convenient way. You can check out the documentation here . This demo version has the following limitations: The indicator searches only for one type of harmonic patterns out of 26:- Gartley. The indicator outputs new patterns with a lag of 10 bars.
FREE
EFW Pattern Trader MT5
EFW Pattern Trader MT5
Young Ho Seo
EFW Pattern Trader is a Powerful Pattern Scanner for your trading. The main pattern detection methods in this software follows the principle of Equilibrium Fractal Wave (EFW Notation using shape ratio and propagation ratio, original concept created by Young Ho, Seo). Therefore, our EFW Pattern Trader provides an effective pattern detection algorithm. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern wi
100 USD
Price Breakout Pattern Scanner MT5
Price Breakout Pattern Scanner MT5
Young Ho Seo
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detects following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
Fractal Pattern Scanner MT5
Fractal Pattern Scanner MT5
Young Ho Seo
Breakout Trading and Reveral Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first profi
220 USD
FanTracer
FanTracer
Syed Oarasul Islam
This Indicator draws Fibonacci Fan levels in two different ways. You can select whether to draw Fibonacci Fan levels based on your favourite ZigZag settings or you can let the indicator to draw Fan levels based on given number of bars or candles.  You can also set Mobile and Email notification for your favourite Fan  levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your trading and remove boredom.  Prod
50 USD
PZ Penta O MT5
PZ Penta O MT5
Arturo Lopez Perez
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
FREE
Time And Sales Delta
Time And Sales Delta
Evgeny Shevtsov
The indicator displays the delta and the cumulative delta based on the "Time & Sales" deals list data. In addition to the standard timeframes, the indicator displays data regarding the seconds timeframes (S5, S10, S15, S20, S30) to choose from. Using the rectangle, user can select an arbitrary area in the indicator subwindow to view the ratio of the volumes of deals of buyers and sellers within this area. Input variables: Ticks  - size of history. Mode  - indicator modes: Chart - price chart.
30 USD
EchoIndicatorMT5
EchoIndicatorMT5
Phongkrit Phattanawijak
ECHO INDICATOR V2.2 Update A top-quality indicator works with trend and pattern.  The tool is a good assistant for the traders use various levels in trading. When price approaches a level, the indicator produces a sound alert and (or) notifies in a pop-up message, or via push notifications. A great decision making tool for opening orders. Can be used any timeframe and can be customized Easy to trade It implements alerts of all kinds It implements a multi-timeframe   Trade with Trend  + s
40 USD
Smart Renko MT5
Smart Renko MT5
Young Ho Seo
Introduction to Smart Renko The main characteristics of Renko Charting concern price movement. To give you some idea on its working principle, Renko chart is constructed by placing a brick over or below when the price make the movement beyond a predefined range, called brick height. Therefore, naturally one can see clear price movement with less noise than other charting type. Renko charting can provide much clearer trend direction and it helps to identify important support and resistance level
80 USD
Pan PrizMA CD Phase
Pan PrizMA CD Phase
Aleksey Panfilov
The Expert Advisor and the video are attached in the Discussion tab . The robot applies only one order and strictly follows the signals to evaluate the indicator efficiency. Pan PrizMA CD Phase is an option based on the Pan PrizMA indicator. Details (in Russian). Averaging by a quadric-quartic polynomial increases the smoothness of lines, adds momentum and rhythm. Extrapolation by the sinusoid function near a constant allows adjusting the delay or lead of signals. The value of the phase - wave s
10 USD
Price Action Diver Power Mt5
Price Action Diver Power Mt5
Igor Otkidach
PRICE ACTION DIVER POWER is a ready-made trading system which independently analyzes the market and determines the key moments of price reversal and rollback according to the rules of Divergence and Convergence. The indicator gives clear signals about opening and closing trades, as well as shows the levels for placing Take Profit. All trade alerts duplicate in the form of PUSH-notifications. You can place a trading platform with indicator PRICE ACTION DIVER POWER on the VPS-server, receive tradi
120 USD
Harmonic Volatility Indicator MT5
Harmonic Volatility Indicator MT5
Young Ho Seo
Introduction Harmonic Volatility Indicator is the first technical analysis applying the Fibonacci analysis to the financial volatility. Harmonic volatility indicator is another level of price action trading tool, which combines robust Fibonacci ratios (0.618, 0.382, etc.) with volatility. Originally, Harmonic Volatility Indicator was developed to overcome the limitation and the weakness of Gann’s Angle, also known as Gann’s Fan. We have demonstrated that Harmonic Volatility Indicator can be appl
80 USD
PZ Fibonacci MT5
PZ Fibonacci MT5
Arturo Lopez Perez
Are you tired of plotting Fibonacci retracements or extensions manually? This indicator displays Fibo retracements or extensions automatically, calculated from two different price points, without human intervention or manual object anchoring. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use Manual anchoring is not needed Perfect for price confluence studies The indicator evaluates if retracements or extensions are needed Once drawn, you can manually edit t
FREE
Harmonic Butterfly MT5
Harmonic Butterfly MT5
Sergey Deev
The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters
30 USD
PZ Pennants MT5
PZ Pennants MT5
Arturo Lopez Perez
This indicator finds pennants , which are continuation patterns identified by converging trendlines surrounding a price consolidation period. Trades are signaled using a breakout period alongside the formation breakout.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use Customizable colors and sizes It implements breakout signals It implements alerts of all kinds Optimal Usage To see pennants of all sizes, which can overlap, load the indicator several tim
49 USD
Auto Fib Retracements
Auto Fib Retracements
Ross Adam Langlands Nelson
Automatic Fibonacci Retracement Line Indicator. This indicator takes the current trend and if possible draws Fibonacci retracement lines from the swing until the current price. The Fibonacci levels used are: 0%, 23.6%, 38.2%, 50%, 61.8%, 76.4%, 100%. This indicator works for all charts over all timeframes. The Fibonacci levels are also recorded in buffers for use by other trading bots. Any comments, concerns or additional feature requirements are welcome and will be addressed promptly. 
FREE
PZ Trade Manager Pro MT5
PZ Trade Manager Pro MT5
Arturo Lopez Perez
This is a visual trade panel that helps you to place and manage trades easily, avoiding human errors and enhancing your trading activity. It combines an easy to use visual interface with a sound risk and position management approach. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to use Trade easily from the chart Trade with precise risk management, hassle free Capital preservation is top priority Let profits run without your attention Enjoy risk-free
99 USD
Harmonic Patterns like Gartley Butterfly Bat Crab
Harmonic Patterns like Gartley Butterfly Bat Crab
Xiangdong Guo
This is not just an indicator; this is a quantitative presentation of a great idea. This indicator detects the following major price patterns: 5-0 AB=CD Bat Alternate Bat Gartley Crab Shark Ideal Butterfly Three Drives All the pattern definitions can be found at HarmonicTrader.com . Unlike other similar indicators, this indicator is not based on ZIGZAG indicator. As you know, the high/low result of ZIGZAG indicator is uncertain; the last value floats in a wide range. This indicator calculates in
199 USD
FibExtender
FibExtender
Syed Oarasul Islam
This Indicator draws Fibonacci Extension levels in two different ways. You can select whether to draw Fibonacci Extension levels based on your favourite ZigZag settings or you can let the indicator to draw Fibonacci Extension  level based on given number of Bars or Candles.  You can also set Mobile and Email notification for your favourite Extension  levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your
50 USD
Blahtech Market Profile MT5
Blahtech Market Profile MT5
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
124 USD
MonsterDash Harmonic Indicator MT5
MonsterDash Harmonic Indicator MT5
Paul Geirnaerdt
MonsterDash Harmonics Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for th
169 USD
All Harmonics 26
All Harmonics 26
Alexey Isavnin
Harmonic patterns are characteristic series of price movements with respect to Fibonacci levels, which statistically precede price reversals. This indicator searches for harmonic patterns. It is capable of recognising 26 classical and non-classical harmonic patterns : Classical Gartley Butterfly Alternate Butterfly Bat Alternate Bat Crab Deep Crab Three Drives Non-classical Shark Alternate Shark Cypher 5-0 Anti Gartley Anti Butterfly Anti Alternate Butterfly Anti Bat Anti Alternate Bat Anti Crab
90 USD
Buyers of this product also purchase
Entry Points Pro for MT5
Entry Points Pro for MT5
Yury Orlov
This is an indicator for MT5 providing accurate signals to enter a trade without repainting.  It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices .  It will provide pretty accurate estimations and tell you when it's best to open a deal and close it. Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! Most traders improve their trading results during the first trading week with the help of the Entry Point
125 USD
TrendLine PRO MT5
TrendLine PRO MT5
Evgenii Aksenov
Purchasing the Trend Line PRO indicator today you recieve a box programs that make our offer unique: programs that make our offer unique!!! TrendLine Optimizer -a special utility for automatic optimization and saving the settings of the Trend Line PRO indicator:  DOWNLOAD FOR FREE  HTF-Histogram  is additional basement indicator of High TimeFrame: DOWNLOAD FOR FREE   Trend Line Scanner - a multi-currency scanner that tracks new signals across a variety of selectable pairs and tim
120 USD
Blahtech Supply Demand MT5
Blahtech Supply Demand MT5
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
124 USD
ScalperMultiMT5
ScalperMultiMT5
Andrey Spiridonov
ScalperMultiMT5 is a multicurrency indicator for professional traders. The indicator shows the complete market situation for the trader. The main advantage of this indicator is that it simultaneously analyzes six major currency pairs on all timeframes from M1 to MN. The indicator analyzes the trend strength. The indicator generates color-coded signals to visualize the market situation: Green - ascending trend. Red - descending trend. Yellow - trend is not defined. The indicator is excellent for
99 USD
Naked Forex Tweezer Pro Indicator for MT5
Naked Forex Tweezer Pro Indicator for MT5
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let users
177 USD
ACB Breakout Arrows MT5
ACB Breakout Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. MT4 Version is available here https://www.mql5.com/en/market/product/20818 Key features Stoploss   and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the breakout signals ac
180 USD
PZ Wolfe Waves MT5
PZ Wolfe Waves MT5
Arturo Lopez Perez
Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfo
149 USD
Laguerre VIX Trend Extremes MT5
Laguerre VIX Trend Extremes MT5
Libertas LLC
The  Laguerre VIX Trend Extrema   (LVTE)  indicator detects market tops and bottoms. As its name suggests, LVTE is a percentage price oscillator that identifies extreme ranges in market price. As described in John F. Ehlers book  "Cybernetic Analysis for Stocks and Futures,"  incorporating Laguerre's equation can facilitate more advanced trend detection and smoother filters, while requiring less data. Here, we use multiple variants on Laguerre's equation, for robust detection of price maxima and
99 USD
Indicador Taurus All4 MT5
Indicador Taurus All4 MT5
Fabio Oliveira Magalhaes
Indicador Taurus All4   Taurus All4 O Taurus All4 é um indicador de alto desempenho, que indica a força da tendência e você pode observar a força da vela. Nosso indicador tem mais de 4 confirmações de tendência. É muito simples e fácil de usar. Modos de confirmação Confirmações de tendências de velas: Quando a vela muda para verde claro, a tendência é alta. Quando a vela muda para vermelho, a tendência está voltando para baixo. Quando a vela muda para vermelho escuro, a tendência é baixa.
200 USD
TraderDream Evolution MT5
TraderDream Evolution MT5
Yehor Pozhydaiev
The indicator defines the trend direction (displayed using line color), shows recommended market entry points (as arrows) and helps tracking price volatility. You can use it as a standalone tool for market analysis or filter the signals using other indicators (you can use TraderDream Evolution from the higher timeframe or create it on the chart of the index belonging to the country whose currency you trade). Our team has been successfully using TraderDream Evolution for two years already for tra
129 USD
WaveTheory Fully automatic calculation
WaveTheory Fully automatic calculation
Kaijun Wang
This indicator is a perfect wave automatic analysis indicator for practical trading! The standardized definition of the band is no longer a wave of different people, and the art of man-made interference is eliminated, which plays a key role in strict analysis of the approach. Sale at a discount, make friends with you! Cooperation QQ:556024" Cooperation wechat:556024" Cooperation email: 556024@qq.com" Index content: 1.Basic wave: First, we found the inflection point of the basic f
188 USD
Naked Forex Kangaroo Tail for MT5
Naked Forex Kangaroo Tail for MT5
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs : CandleSizeATR: filter signals depending on the size of candle (0.5 to 1.5 recommended range of values) TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL Distance: distance in pixel relative to top or bot
147 USD
Advanced Price Pattern Scanner MT5
Advanced Price Pattern Scanner MT5
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
Advanced Supply Demand MT5
Advanced Supply Demand MT5
Bernhard Schweigert
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to  show double timeframe zones . You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF:  SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential
128 USD
TPA True Price Action MT5 Indicator
TPA True Price Action MT5 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics
168 USD
VolumeProfile MT5
VolumeProfile MT5
Robert Hess
Description: The Volume Profile displays detailed informations of historical trading activities at certain price levels. Locate the areas with the best prices in the market and get an advantage over other market participants. Features: Customizable Volume Profile Shows the "fair" Value Area with 70% of all Volume Shows critical low volume zones Shows VPOC, VAL and VAH Points Works on all timeframes Automatic calculation your defined timeset in all timeframes Drag & Drop for live calculation
165 USD
PAX3 Price Action Indicator
PAX3 Price Action Indicator
Marco Aurelio Santos Costa
You probably won't see the power of the indicator in the backtest, because it uses 3 windows, something you can't do, in the DEMO version that the site offers.  I trust 100% on my work and on my indicator, if you want a test version, send me a message, different from other sellers, who just want to "sell", I want whether you have a full version before renting and deciding. Many people have requested the purchase of the life time indicator, so I am making it available for a limited time. Life Ti
150 USD
Fibonacci Expansion and Retracement For 5
Fibonacci Expansion and Retracement For 5
Jianyuan Huang
Fibonacci Expansion and Retracement PRO Fibonacci retracing and extended line tools for the MT5 platform, ideal for traders who use the DiNapoli point trading method and the Golden Section trading Demo: https://www.mql5.com/zh/market/product/35884 The main function: 1. You can draw multiple sets of Fibonacci retracements directly, and the relationship between important return points is clear at a glance. 2. Can draw Fibonacci extensions 3. The Fibonacci foldback and extension of the line
199 USD
PZ Supply Demand MT5
PZ Supply Demand MT5
Arturo Lopez Perez
This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies No settings and no optimization needed The indicator works in all timefr
99 USD
PZ Lopez Trend MT5
PZ Lopez Trend MT5
Arturo Lopez Perez
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It
149 USD
Consolidation Finder MT5
Consolidation Finder MT5
Oleg Voitiouk
Consolidation Finder   An indicator that allows you to find consolidation. To work on the breakdown of the channel. Easy to use, there are only three settings: Minimum number of bars to analyze Tunnel Consolidation Indicator color It works on  all timeframes  , by default, approximate settings for the H1 timeframe are set. Works on all currency pairs. The indicator is not redrawn or recalculated. All screenshots are real!
99 USD
Arrow Signal
Arrow Signal
Vladimir Karputov
The indicator has a minimum of settings - this is a code of signal arrows: The Buy signal is encoded by the Buy Arrow code parameter The signal "Sell" is encoded by the Sell Arrow code parameter Arrow codes for signals (32 to 255) are taken from the Wingdings font. The indicator works on every tick and searches for signals on the current bar - therefore, situations are possible when a signal appears and disappears on the current bar.
100 USD
Mt5 Camarilla Pivots
Mt5 Camarilla Pivots
Francis Dube
The Camarilla Pivots indicator is fully configurable and can be adjusted to work in different ways. If you are a manual trader and prefer a clean chart, you can configure the indicator so that it only draws camarilla pivot points for the current session. Otherwise if you are developing an expert advisor that uses pivot points, you can configure the indicator to show historical camarilla pivots as well. Another unique feature of this indicator is that, when calculating daily camarilla pivots, it
100 USD
HLines
HLines
Samuel James
Imagine having an indicator that can calculate and place the strongest levels of support and resistance  as soon as you open your chart, for any timeframe, on any market. This was the goal we had when starting development for HLines, and after two years of intensive development and testing, we have successfully achieved this goal. "HLines is the most sophisticated support and resistance indicator on the market" This indicator will save you a heck of a lot of time: You will no lon
194.99 USD
Advanced Currency Impulse with Alert MT5
Advanced Currency Impulse with Alert MT5
Bernhard Schweigert
Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here Built on new underlying algorithms it makes it even easier to identif
128 USD
Ultimate Double Top Bottom Scanner MT5
Ultimate Double Top Bottom Scanner MT5
FXsolutions
This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric
119 USD
OBOS Indicator for MT5
OBOS Indicator for MT5
Renaud Candel
OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. To use the indicator, please follow the rules: wait for the indicator to give you an overbought or oversold signal (usually blue an
149 USD
Beast Super Signal MT5
Beast Super Signal MT5
Dustin Vlok
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels. The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. A
149 USD
PZ Support Resistance MT5
PZ Support Resistance MT5
Arturo Lopez Perez
Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
149 USD
Modified TTM Squeeze Indicator MT5
Modified TTM Squeeze Indicator MT5
Libertas LLC
"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." The Modified TTM Squeeze Indicator is a modi
149 USD
More from author
Fractal Pattern Scanner MT4
Fractal Pattern Scanner MT4
Young Ho Seo
Breakout Trading and Reversal Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first prof
220 USD
Mean Reversion Supply Demand MT4
Mean Reversion Supply Demand MT4
Young Ho Seo
Supply Demand with Mean Reversion Concept The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. To typical traders, supply demand zone serves as the turning point. When we looked at its original concept, we have found that the original supply demand trading can be performed better at mean reversion period rather than trend period. For the demonstration of this concept, for any supply demand zone to work as an successful tra
80 USD
Turning Point Detector MT4
Turning Point Detector MT4
Young Ho Seo
The trajectories of Financial Market movement are very much like the polynomial curvatures with the presence of random fluctuations. It is quite common to read that scientist can decompose the financial data into many different cyclic components. If or any if the financial market possess at least one cycle, then the turning point must be present for that financial market data. With this assumption, most of financial market data should possesses the multiple of turning points because they consist
80 USD
Pair Trading Station MT4
Pair Trading Station MT4
Young Ho Seo
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
280 USD
Ace Supply Demand Zone MT4
Ace Supply Demand Zone MT4
Young Ho Seo
About Ace Supply Demand Zone Indicator The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. Supply and demand zone serves as the good entry in our trading. It provides you the detailed trading plan + the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Firstly, Ace Supply Demand Zone indicator was built on the non-repainting and non
100 USD
Excessive Momentum Indicator MT5
Excessive Momentum Indicator MT5
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
200 USD
Advanced Price Pattern Scanner MT4
Advanced Price Pattern Scanner MT4
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
Harmonic Pattern Scenario Planner MT4
Harmonic Pattern Scenario Planner MT4
Young Ho Seo
Introduction The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenario analysis 11 Harmonic Pattern Detec
100 USD
Price Breakout Pattern Scanner MT4
Price Breakout Pattern Scanner MT4
Young Ho Seo
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
Harmonic Pattern Plus MT4
Harmonic Pattern Plus MT4
Young Ho Seo
Introduction Harmonic Patterns are best used to predict potential turning point. Hence, Harmonic Patterns are the sub patterns of turning point patterns. Traditionally, Harmonic Pattern was identified manually connecting extreme points in charts. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automat
98 USD
Advanced Price Pattern Scanner MT5
Advanced Price Pattern Scanner MT5
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
Fractal Pattern Scanner MT5
Fractal Pattern Scanner MT5
Young Ho Seo
Breakout Trading and Reveral Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first profi
220 USD
Harmonic Volatility Indicator MT5
Harmonic Volatility Indicator MT5
Young Ho Seo
Introduction Harmonic Volatility Indicator is the first technical analysis applying the Fibonacci analysis to the financial volatility. Harmonic volatility indicator is another level of price action trading tool, which combines robust Fibonacci ratios (0.618, 0.382, etc.) with volatility. Originally, Harmonic Volatility Indicator was developed to overcome the limitation and the weakness of Gann’s Angle, also known as Gann’s Fan. We have demonstrated that Harmonic Volatility Indicator can be appl
80 USD
Elliott Wave Trend MT4
Elliott Wave Trend MT4
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
EFW Pattern Trader MT4
EFW Pattern Trader MT4
Young Ho Seo
EFW Pattern Trader is a Powerful Pattern Scanner for your trading. The main pattern detection methods in this software follows the principle of Equilibrium Fractal Wave (EFW Notation using shape ratio and propagation ratio, original concept created by Young Ho, Seo). Therefore, our EFW Pattern Trader provides an effective pattern detection algorithm. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern wi
100 USD
Precision Support Resistance MT4
Precision Support Resistance MT4
Young Ho Seo
Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Support and Resistance are highly accurate suppo
60 USD
Volume Spread Pattern Indicator MT5
Volume Spread Pattern Indicator MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
80 USD
Price Breakout Pattern Scanner MT5
Price Breakout Pattern Scanner MT5
Young Ho Seo
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detects following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
Pair Trading Station MT5
Pair Trading Station MT5
Young Ho Seo
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
280 USD
X3 Chart Pattern Scanner MT4
X3 Chart Pattern Scanner MT4
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
Mean Reversion Supply Demand MT5
Mean Reversion Supply Demand MT5
Young Ho Seo
Supply Demand with Mean Reversion Concept The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. To typical traders, supply demand zone serves as the turning point. When we looked at its original concept, we have found that the original supply demand trading can be performed better at mean reversion period rather than trend period. For the demonstration of this concept, for any supply demand zone to work as an successful tra
80 USD
Elliott Wave Trend MT5
Elliott Wave Trend MT5
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Excessive Momentum Indicator MT4
Excessive Momentum Indicator MT4
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
200 USD
Ace Supply Demand Zone MT5
Ace Supply Demand Zone MT5
Young Ho Seo
About Ace Supply Demand Zone Indicator The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. Supply and demand zone serves as the good entry in our trading. It provides you the detailed trading plan + the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Firstly, Ace Supply Demand Zone indicator was built on the non-repainting and non
100 USD
X3 Chart Pattern Scanner MT5
X3 Chart Pattern Scanner MT5
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
Volume Spread Pattern Detector MT4
Volume Spread Pattern Detector MT4
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Volume Spread Pattern Detector MT5
Volume Spread Pattern Detector MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Peak Trough Analysis Tool MT5
Peak Trough Analysis Tool MT5
Young Ho Seo
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Fractal Moving Average Indicator MT5
Fractal Moving Average Indicator MT5
Young Ho Seo
Fractal Moving Average and Fractal Pattern Indicator Fractal Moving Average indicator was designed as part of Fractal Pattern Indicator. Inside Fractal Pattern Indicator, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indi
FREE
Time Box Indicator MT5
Time Box Indicator MT5
Young Ho Seo
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Input for Time Box Indicator Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timefra
FREE
Filter:
Moola Ravichandra
139
Moola Ravichandra 2020.11.09 12:02 
 

SUPER BUT NOT SHOWS 11 PATTERNS

z2525
702
z2525 2018.03.12 02:55 
 

Good Work, I bought the indicator, at first it was shocking to see how it scanned the patterns, but after some time with it I felt more confortable with the system, it's really easy to manage your risk with the PCI box, and I was surprised to see patterns reversing even if they were differente from the standart harmonic ratios, I believe the team have done a good computerized research and backtest and are bringing it to the next level with new technology..!

AMADIN1980
778
AMADIN1980 2018.01.12 11:53 
 

I bought this indicator and I find that it lacks a user guide, written user guide. There are many parameters, and most of them are unclear for a novice in the world of harmonic patterns.

There are also many settings on the screen, which we don't know how to disable them, or understand what they are used for.

Arfur Lager
1025
Arfur Lager 2014.06.21 14:31 
 

Excellent work! The new version enables back stepping through previous patterns which shows just how often, and to which fib level the price retraces when one of the patterns appears.

Reply to review
Version 11.3 2021.02.01
In version 11.3, Harmonic Pattern Plus will show you which pattern is formed completely and which pattern is not formed completely. This information is available from both single indicator mode and multiple timeframe pattern detection mode.
Version 11.1 2019.10.10
In version 11.1, we have polished up Regression Channel functions. Now you can set the style, color and width of Regression Channel. To use Regression Channel as part of your trading strategy, just set Use Channel = true.
Version 11.0 2019.01.30
In Version 11.0, we have made some improvement over Potential Continuation Zone.
Version 10.9 2018.12.22
Version 10.8, minor work on indicator. All functionality are kept the same.
Version 10.7 2018.11.30
In version 10.7, we have changed line width and lenth for better visibility.
Version 10.6 2018.10.10
In version 10.6, we have added sound alert, email and push notification for 52 Japanese candlestick patterns.
Version 10.5 2018.07.31
In version 10.5, user can control the width of trianlge when the triangle is not filled.
Version 10.3 2018.05.24
In this version, Harmonic Pattern will be shown at ideal point D.
Version 9.9 2017.07.27
In Version 9.9, User can set the pattern matching accuracy for individual point as well as over the averaged MAPE.
Version 9.8 2017.06.22
In Version 9.8, Now multiple pattern locking is allowed. This means that trader can lock as many pattern as he want in the chart. This feature not only protects traders from the repainting and redrawing issues of the classic Pattern trading but also trader can enhance his trading performance by incorporating multiple timeframe patterns analysis at ease.
Version 9.5 2017.04.28
In Version 9.5, Trader have access to Potential Reversal Zone Type A and Potential Reversal Zone Type B.

Potential Reversal Zone Type A: use to predict the reversal point at Point D.
Potential Reversal Zone Type B: use to preduct the future price movement after the pattern is formed.
Version 9.3 2017.03.09
In version 9.3, you can automatically set up your stop loss and take profit by just moving stop loss or take profit level in your chart. This new feature will allow you to have intuitive and more efficient approach of setting your stop loss and profit target from geometric analysis.
Version 9.2 2016.11.15
Updated Feature for Harmonic Pattern Plus and Harmonic Pattern Scenario Planner for version 9.2

Multiple Timeframe Control Feature in Single Chart

This description applied to both Harmonic Pattern Plus and Harmonic Pattern Scenario Planner since both of them are identical 95% of their functionality. Most important feature in this new version is that you can add multiple of Harmonic Pattern Plus controlling different timeframes in one chart. If you wish, you can add 4 harmonic Pattern Plus in one chart controlling M15, H1, H4, D1 timeframe or even more. One limitation when you add multiple Harmonic Pattern Plus is that you can only use the Calculation Timeframe (timeframe to detect patterns) greater than current chart timeframe. For example, if your chart timeframe is H1, then you can only use Calculation timeframe H1, H4, D1, etc. You can not use M15 calculation timeframe for H1 chart timeframe since you can not draw the M15 pattern to H1 timeframe chart.


Custom Take Profit and Stop Loss

In version 9.2, Custom Take Profit and Stop Loss are defined using Pattern Completion Interval (PCI) for more clever setup. 3 Take Profit is equivalent to the 3 x the PCI box range. 1 Stop Loss is equivalent to the 1 x the PCI box range. The ellipses (stretched circle) shows you the potential entry. When your order is placed inside this circle,
your Reward/Risk can range from 1 to 10 or even more in strictly mechanical trading. Why this happen? Do some basic math maybe looking at your chart. Note that this is the potential entry level shown only for your convenience but not limited to creating your own clever trading setup. The ellipses is like the ruler to gauge your potential entry in your preferred Rewards/Risk ratio and it is not an indicator showing direction or etc.


For more details about version 9.2, you can check this link below.

Harmonic Pattern Plus MT5 Comment Section: https://www.mql5.com/en/market/product/4475#!tab=comments&page=4
Version 8.8 2016.10.31
In version 8.8, Harmonic Pattern Plus can detect Harmonic Pattern at every tick level as an option. This is only small minor change from previous 8.6. There is no version 8.7 since we decided to name the latest version to 8.8 from 8.6. When you are detecting patterns at tick level, make sure that you understand it uses a lot more computation which can make your MetaTrader slow. However, this might be useful for traders using Pattern Completion Interval as entry. To detect pattern at every tick level, just set Detect Pattern at Every Tick to True.
Version 8.6 2016.07.26
We have implemted 2 new features succesffully for our tools.

Feature 1: Options to switch on and off each pattern type. With this option, you can switch off or switch on any pattern type as you wish. For example, if you want to turn off Bat pattern from Harmonic Pattern Plus. Yes. You can. You can do the same for the price Breakout Pattern Scanner. For example, if you don’t want to see head and shoulder pattern, then you can just switch off them. How to use this feature is very intuitive. You just need to set the swton on and off in your Indicator Input settings.

Feature 2: Options to filter out small patterns. We will add “Pattern Size Filter” input. With this input, you can filter out small patterns and you can only trade with big patterns. You can use this feature in our Price Breakout Pattern Scanner too as well as with Harmonic Pattern Scenario Planner. Pattern Size Filter is simply done by counting number of candles inside patterns. So Make Pattern Size Filter large, then you will only see large patterns. If you want to see any patterns, then just set Pattern Size Filter = 0.
Version 8.0 2016.06.09
Smart Renko version 6.0, Smart Renko can draw the brick the same level on your chart regardless of amount of historical bars and Meta Trader platforms. To do this, you need to choose the brick height which is the factor of 100 pip or factor of 1000 pips with Brick Height Mode = 0.

For example, you can use Brick Height (in pips) = 10, 20, 25, 50, 100, 200, 500, etc, as they are the fact of 100 or 1000 pips. As long as you are using these brick height, the brick will be drawn in the same level regardless of the amount of historical bars and your brokers. This is really good property as traders can develop strategy universally working across different platform.

This improved version of Smart Renko 6.0 is included in the new update for Harmonic Pattern Plus.
Number of detected patterns can be different according to your brick height and now you can even find that pattern specially formed around psychological number (round number) if this is one of your preferred strategy.

Version 7.8 2016.05.27
In version 7.8, we have fixed the small bug related to Multiple Timeframe Pattern Detection. The bug was found after our update on Renko Filter Implementation in version 7.7.
Version 7.7 2016.05.23
In version 7.7, Harmonic Pattern Plus can detect pattern using Renko Brick calulation. This is equivalent to detect pattern over the dedicated Renko Chart (Imagine that you have opened Renko Chart and then put this indicator over the Renko Chart). So it is very powerful due to less noise in the Renko Chart. The good news is that you don't need a dedicated Renko Chart as this indicators does renko brick calculation at the background using Smart Renko Indicator. So you are hassle free but this indicators will does a lot of work for you.

At the same time, user can choose to detect pattern over normal candle stick too as before. To choose the detection mode, user can use the following variable.

Use Renko Filter for Pattern detection : true or false only

We have currently set the default as Renko Filter Mode.

(Important note, Renko can be calculated using sub time frame. For example, Renko brick can be calculated using M5 or M15 time frame when you actually use this indicator for H1 chart. If the data is loaded, then there is not a problem. But sometime, data loading may be issue. But this is the issue present inside Meta Trader terminal. It might be fixed in the future when new Meta Trader version is released or maybe not. To avoid this issue, your default calculation time for Renko brick calculation is set to current time frame. But you can always change it with your own experiment. In our experience, there can be small difference when you change the calculation time frame. Smaller time frame is generally more accurate. But still higher time frame will do the job too.)
Version 7.3 2016.04.14
In version 7.3, users have a choice over update frequency on pattern detection.

This means that you can choose pattern update frequency at different timeframe from a default one.

For example, if you are using Harmonic Pattern Plus on H1, normally pattern detection will be updated at every 1 hour but now you can even detect pattern at every 1 or 5 minutes instead of every 1 hour.

To do so, simply set Pattern Update Frequency = Period you want (PERIODM1 or PERIODM5, etc.).

This helps you to enter with much better risk/reward ratio.
Version 7.1 2016.04.08
In the version 7.1, If you set the ButtonTextSize = 0, then you can hide buttons from your chart. Really minor update. This is useful feature for user with small screen device.
Version 7.0 2016.03.23
In version 7.0, user can show clustered PRZ lines nicely. But it is possible not to filter PRZ lines and showing raw PRZ lines.
Version 6.6 2016.02.22
In version 6.6, you can switch on or off MTD( multiple time frame detection feature) for each time frame. For example, if you don't use M1 or M5 time frame for your MTD, then just set Use M1 timeframe = false and use M5 timeframe = false in your MTD setting.
Version 6.5 2016.01.22
In version 6.5, Multi Time Frame Pattern Detection (MDT) feature is added if a user wants to check what pattern is formed in other timeframe. It is now possible to check patterns formed across all timeframes without changing your chart or timeframe.

Button "MTD" is used to perform multi Time Frame Pattern Detection. So, press this button to see or hide the multi timeframe pattern panels.

We have also added five input settings in regards to this MTD feature.
If you want to permanently run this MTD feature at every candle, then just set Use Multi Timeframe Pattern Detection = true.

However, this MTD feature requires much heavier computation. Therefore, to run this at every candle, we will leave this to your own choice.

//Use Multi Timeframe Pattern Detection
//Use Sound Alert from MTD
//MTD Panel X coordinate
//MTD Panel Y coordinate
//MTD Panel Update Frequency

Overall, this MTD feature will help traders to make a lot better and more accurate trading decisions.
Version 6.2 2015.11.18
In version 6.2, minor update only. Graphical objects were drawn in background rather than foreground.
Version 6.0 2015.10.26
In version 6.0, Pattern Completion Interval was added. Added the new input variables.

//Show Pattern Completion Interval ('true' or 'false' only)
//Pattern Completion Interval Box Size (default = 4)
//Pattern Completion Interval Box Width (default = 2)
//Pattern Completion Interval Bullish Color
//Pattern Completion Interval Bearish Color
//Pattern Completion Interval Text Color
//Pattern Completion Interval Text Size
Version 5.6 2015.10.15
In version 5.6, Now user can hide buttons on their charts by clicking "BT" button on chart. Minor update only.
Version 5.5 2015.09.23
Linear regression channel alert bug was fixed.
Version 5.3 2015.09.22
In this version 5.3, Custom Risk Control module was added. And the following variables were added.

//Use Custom Stop Loss and Take Profit
//Custom Take Profit: Enter fibo number 0.386, 0.5, 0.618, 0.786, 1.0
//Risk Reward Ratio (Reward/Risk): use more than 1.0
//Custom Take Profit and Stop Loss Line Length
//Custom Take Profit and Stop Loss Line Width
//Custom Take Profit and Stop Loss Text Size
//Custom Take Profit Color
//Custom Stop Loss Color
//Custom Open Price Color
//Show Guided Trading Instruction
//Guided Trading Instruciton X Coordination
//Guided Trading Instruction Y Coordination
//Your Target Success Rate: 55%(0.55) = default
//Your Risk per Trade: 2% (0.02) = default
//Your Target Trade Number: 100 = default

Version 5.1 2015.08.20
In version 5.1, now user can select how many historical bars to scan.

Note that this feature is great so you can study How harmonic pattern evolved through historcal data. This is very powerful feature. For example, you can learn how harmonic pattern worked in 2005 and compare its appearance on 2015. You can apply this knowledge for your trading. Something like this can't be achieved by manual traders.


However, scanning more bars requires a lot more computation time. So please be careful in using this feature. Also maxium number of patterns indicators can search is 1000. So Know this limitation too.


For average traders, 1500 bars (default setting) is more than fine.


Kind regards.
Version 5.0 2015.05.26
In version 5.0, trader can disable direction arrow. Just set Direction Arrow Width =0 to disable the arrow from your chart.
Version 3.9 2015.05.13
In this version, small bug of getting array out of range when you set PRZ depth = 0 is fixed.
Version 3.8 2015.05.05


In version 3.8, New feature 1:


We added Fibonacci projection of followings:

1. Internal Price Retracement (XA)
2. External Price Retracement (BC)
3. Correction of Price Projection (ABCD)
4. Future Price projection (CD, this is existing Fibo retracement from earlier version)


Trader can control depth of these Fibonacci Projection using following variable:

Potential Reversal Zone Projection Depth (0 to 8, 0=no drawing)

value 1: fewer Fibonacci lines (for less sophisticated trading setup)
value 8: more Fibonacci lines (for more sophisticated trading setup)



Also individual Fibonacci projection can be switch on/off by setting these values to zero or other values:

Potential Reversal Zone Line Length for XA (0=no projection)
Potential Reversal Zone Line Length for BC (0=no projection)
Potential Reversal Zone Line Length for ABCD (0=no projection)


Future Price projection (CD, this is existing Fibonacci retracement from earlier version) is identical to and this can be controlled by previous Fibo Display option.




In version 3.8, New feature 2:

Now by just simply clicking over "Symbol" button on your chart, trader can detect new patterns at any tick arrival without waiting for new bar arrival. This is useful if you want to detect patterns before new bar arrivals. (Fast discovery of the patterns)
Version 3.5 2015.04.28
In version 3.5, user can select any pattern to lock on his chart. Of course, user can unlock and delete the locked pattern. This locking and unlocking pattern is done by pressing "Pattern" button on the chart.
Version 3.3 2015.04.13
Version 3.3

1. Added ability to change button text size (Text Size button).

2. Added push notifications for sending messages to mobile terminals.
Version 3.2 2015.03.31
In version 3.2, just changed description of this indicator. (Very minor)
Version 3.1 2015.03.19
In this version, Button has been redesigned for simpler looking.
Version 3.0 2015.02.11
In version 3.0, Candlestick Pattern Detection algorithm was hugely improved by adding intensive statistical pattern matching process.
Version 2.9 2015.01.21
Fixed small issue with Sound Alert.
Version 2.8 2015.01.19
In version 2.8, pattern matching error (%) is added to account for how close the detected patterns are to reference patterns in text book.
Version 2.7 2015.01.05
In version 2.7, now you can select different symbols using buttons on charts. Users now need to open fewer charts and their trading operation become quicker.
Version 2.5 2014.09.24
In version 2.5, Harmonic Pattern Plus can detect 3 drives pattern and deep crab pattern. In addition, with version 2.5, user can build Expert Advisor using iCustom function.
Version 2.2 2014.06.19
In Version 2.2, I added two buttons to replay historical harmonic patterns back and forth. This will help users to develop their trading strategy. Core search engines are remained intact. White background colour is used for chart instead of default chart. White background colour is better when user want to combine harmonic pattern with Price Breakout Pattern Scanner.
Version 1.9 2014.05.28
I found Name of the harmonic pattern on the chart was not displayed correctly in 4 digit broker platform. So I corrected this error.